Viacom Inc – Class B (NASDAQ:VIAB) Sellers Reduced Their Shorts By 11.96%

June 27, 2018 - By Daniel Mitchell

Viacom, Inc. (NASDAQ:VIAB) Corporate Logo

Viacom Inc – Class B (NASDAQ:VIAB) had a decrease of its shorted shares by 11.96%. FINRA issued in June VIAB’s total 14.26 million shorted shares. The 16.19 million previous shares are down with 11.96%. 5 days will cost VIAB with 2.96M average volume to restore its previous position. Viacom Inc – Class B’s shorted shares float is 3.99%.

Ticker’s shares touched $30.025 during the last trading session after 1.13% change.Viacom, Inc. has volume of 725,960 shares. Since June 27, 2017 VIAB has declined 21.25% and is downtrending. VIAB underperformed the S&P500 by 33.82%.

Viacom, Inc. operates media brands that create entertainment content worldwide.The firm is valued at $12.35 billion. The firm creates television programs, motion pictures, short-form content, games, consumer products, podcasts, live events, and social media experiences.The P/E ratio is 5.99. It operates through two divisions, Media Networks and Filmed Entertainment.

Viacom, Inc. (NASDAQ:VIAB) Ratings Coverage

In total 14 analysts cover Viacom (NASDAQ:VIAB). “Buy” rating has 2, “Sell” are 0, while 12 are “Hold”. (NASDAQ:VIAB) has 14% bullish analysts. 15 are the (NASDAQ:VIAB)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Friday, February 9 the stock of Viacom, Inc. (NASDAQ:VIAB) earned “Hold” rating by RBC Capital Markets. On Wednesday, February 28 the company was upgraded by Macquarie Research. On Tuesday, January 2 the stock of Viacom, Inc. (NASDAQ:VIAB) earned “Hold” rating by Barrington. In Wednesday, February 14 report Atlantic Securities upgraded the stock to “Neutral” rating. On Tuesday, January 2 the stock has “Underperform” rating by Macquarie Research. On Sunday, February 11 BMO Capital Markets maintained Viacom, Inc. (NASDAQ:VIAB) rating. BMO Capital Markets has “Hold” rating and $34.0 target. On Monday, February 5 Cowen & Co maintained Viacom, Inc. (NASDAQ:VIAB) rating. Cowen & Co has “Hold” rating and $36.0 target. On Friday, February 9 the firm has “Hold” rating by Piper Jaffray given. On Thursday, March 15 the rating was upgraded by Needham to “Buy”. The company rating was maintained by Guggenheim on Thursday, February 8.

There’s a substantial Viacom, Inc. (NASDAQ:VIAB) news brought out by It’s an article titled: “‘Daria,’ ‘My Super Sweet 16’ coming to Hulu under Viacom deal” on June 25, 2018.

Viacom, Inc. (NASDAQ:VIAB) Analyst Ratings Chart

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